112
112
Jan 28, 2013
01/13
by
CNBC
tv
eye 112
favorite 0
quote 0
people right now are constructive on the euro and stabilization of euro and constructive on possible growth. the name of the event was dynamic resilience, talks about the world recovering. i think these guys are going to be right, we will probably have a good stock market. this has been a well orchestrated rally, induced by central banks, my honest belief. if you get a buzz out of the federal reserve they say we will pull back a bit, the market will crack. >> any whiff or that, what happened in the month or so in the minutes spooked the market. >> a couple things going on. good fundamentals, accomodative fed. in the wave of a secular bull market. the good news is out-weighing the bad news right now and any slight bad news will trip up the market in the short term. it needs to be cautious here. >> let's bring up david beanco, chief equity strategist. welcome back to halftime. >> hello. good to see you. >> 1600 was the target used. anthony talked about resilient and talked about it in davos and could explain the stock marketed. >> resilience and since the recovery and recession we've s
people right now are constructive on the euro and stabilization of euro and constructive on possible growth. the name of the event was dynamic resilience, talks about the world recovering. i think these guys are going to be right, we will probably have a good stock market. this has been a well orchestrated rally, induced by central banks, my honest belief. if you get a buzz out of the federal reserve they say we will pull back a bit, the market will crack. >> any whiff or that, what...
140
140
Jan 15, 2013
01/13
by
CNBC
tv
eye 140
favorite 0
quote 0
the euro is at an 11-month high against the dollar and the yen is scheduled to move lower if the bank of japan wants its way, and a lot of people are saying that could benefit gold in a big way which is starting to move higher again. what do you make of the currency wars going on right now? >> i think they are going to heat up and the central players where it heats up will be between germans and the japanese over exports of cars, but i agree with you, and i also think that if we look at how they are going to develop in the near term, i would think that the trigger for that will be when the dollar/yen, for example, gets above 90 and the euro/yen significant levels, and real quickly i've had a lot of e-mails about problems with our bills, but not the ones that you think. t-bills. at the end of 2011 the last time we had a debt ceiling issue we saw bill rates for four week bills and three-month bills start to move up. today we had a one-month bill auction, trading on at five basis points and the auction went off at 9.5 basis points and many are attributing to anxieties and rule 2a7 from t
the euro is at an 11-month high against the dollar and the yen is scheduled to move lower if the bank of japan wants its way, and a lot of people are saying that could benefit gold in a big way which is starting to move higher again. what do you make of the currency wars going on right now? >> i think they are going to heat up and the central players where it heats up will be between germans and the japanese over exports of cars, but i agree with you, and i also think that if we look at...
103
103
Jan 14, 2013
01/13
by
CNBC
tv
eye 103
favorite 0
quote 0
all of this talk about the euro is bringing the financial markets together. nyse owns four large exchanges in europe. the question is how do we bring this into this consolidation? one way may be to take them public so they can have their own currency and do deals. >> we'll leave it there. so much to talk about. i wanted to get your take about the individual and what's happening in capital market these days. seems like everything is strained. but that conversation for another day. good to have you on the program. >> thank you, maria. >> best of luck with the deal. >> thank you. >> jeff sprecher joining us. ceo at i.c.e. pmt. >>> ten minutes before the close. up next as if apple didn't have enough problems, now the company's iphone may no longer be considered cool for young people. that could be bad news for apple. we're going to take a look. >>> then preet bharara is here. remember this from last year's conference? >> i know you told me there were going to be a lot of people here from the hedge fund industry and other folks, i didn't appreciate how many people
all of this talk about the euro is bringing the financial markets together. nyse owns four large exchanges in europe. the question is how do we bring this into this consolidation? one way may be to take them public so they can have their own currency and do deals. >> we'll leave it there. so much to talk about. i wanted to get your take about the individual and what's happening in capital market these days. seems like everything is strained. but that conversation for another day. good to...
240
240
Jan 8, 2013
01/13
by
CNBC
tv
eye 240
favorite 0
quote 0
and in the euro zone, a potential spanish downgrade. what i'm focused on is looking at vix call options, expiring in february. as a result, february comes around, more jitters in the market, you'll make money. >> all right, so, you're expecting a down market, then, is what you're saying, except being selective. robert, you're up. 30 seconds on the clock. go for it. >> yeah, tomorrow i'm going to be watching the price action in alcoa after reporting earnings this afternoon. the stock's been a dismal performer since 2011. we think a close tomorrow above $9.25 is positive for alcoa. gives us good momentum heading into earnings season. also at 1:00 p.m., i'm going to watch the ten-year treasury auction. want to see how that responds. we believe technically that rates are going to be heading higher and we think this is bullish for equities. we anticipate the $1.75 trillion that's flowed into bond mutual funds to make it way back. >> 30 seconds on the clock. what do you want to look at? >> sure, maria. with little economic news coming out tom
and in the euro zone, a potential spanish downgrade. what i'm focused on is looking at vix call options, expiring in february. as a result, february comes around, more jitters in the market, you'll make money. >> all right, so, you're expecting a down market, then, is what you're saying, except being selective. robert, you're up. 30 seconds on the clock. go for it. >> yeah, tomorrow i'm going to be watching the price action in alcoa after reporting earnings this afternoon. the...
209
209
Jan 9, 2013
01/13
by
CNBC
tv
eye 209
favorite 0
quote 0
, the correlation between the euro and the s&p kind of weakened to the favor of the euro. and if the thing that i mentioned this year will happen, which is basically, you know, the gdp growth in greece may come back up, i think that will be good for the u.s. >> boris, response briefly. >> yeah, but you know, we can play the same game on the euro side where we -- we heard that story over and over again. what we have, moderation of periphery yields, euro rallies, then again we have another flare-up of the crisis. so my question is, will the spanish be able to refinance all of their debt? will italians be able to finance their debt? i think a lot of the positive compression of periphery yields is in the euro. now i agree, i don't think the dollar is going to have a massive rally against the euro unless there's a major source of friction in the eurozone as we go forward. i think a lot of the benefit that the euro has seen has already baked into the cake. i agree with you that in a sense, yes, dollar could rally more against the yen than against the euro, but nevertheless could
, the correlation between the euro and the s&p kind of weakened to the favor of the euro. and if the thing that i mentioned this year will happen, which is basically, you know, the gdp growth in greece may come back up, i think that will be good for the u.s. >> boris, response briefly. >> yeah, but you know, we can play the same game on the euro side where we -- we heard that story over and over again. what we have, moderation of periphery yields, euro rallies, then again we...
155
155
Jan 16, 2013
01/13
by
CNBC
tv
eye 155
favorite 0
quote 0
that's having that impact on euro/dl euro/-- eauro/dollar. and saying that it was too strong -- >> maybe because ewald nowotny was in front of a green markets. psychological. >>> we want to look at companies around the globe which are starting to outline and deploy theirity budgets for 2013. a new survey for from gartner of more than 2,000 cios in 41 countries finds plans for total spend down .5% in 2013 with digital technology, mobile devices and cloud computing, among their top priorities. joining us in a first look at the survey is mark mcdonald, group vice president of gartner's executive programs. mark, good morning. so down half a percent. let's start there. this actually is a continuation of a long-term trend. is it a headwind for tech companies? >> well, it's not so much of a headwind as much as a realization that there needs to be a transition from what i.t. has been to what technology needs to be in the future. across those, you know, 36 different industries, we see organizations kind of moving from technology kind of tending to cur
that's having that impact on euro/dl euro/-- eauro/dollar. and saying that it was too strong -- >> maybe because ewald nowotny was in front of a green markets. psychological. >>> we want to look at companies around the globe which are starting to outline and deploy theirity budgets for 2013. a new survey for from gartner of more than 2,000 cios in 41 countries finds plans for total spend down .5% in 2013 with digital technology, mobile devices and cloud computing, among their top...
152
152
Jan 11, 2013
01/13
by
CNBC
tv
eye 152
favorite 0
quote 0
euro/dollar, 11.3260. let's bring you up to speed with the asian trading session today as they wrap up the week. li sixuan joins us for the first time today. >> thanks, ross. japan was a clear outperformer after shinzo abe unveiled his massive stimulus plan. and the nikkei gained 1.4% today. just to put it into context, this index is up for the ninth straight week, its longest winning streak since late 1988. shares of stocks surged to nearly 5% after the operator of clothing chain unicore raised its full year guidance. but hotter than expected cpi data from china put new pressure on the shanghai deposit. there will be more curbs to taint housing prices. meanwhile, weakness in china's blue chips dropped the hang seng lower. but hsbc did lend some support after the bank said yesterday that the plan to sell its stake to citigroup was still on track. korean automakers took a hit after the korean won climbed to a 17-month high. the kospi finished lower by .5%. in australia, miners lost out as a cyclone affected
euro/dollar, 11.3260. let's bring you up to speed with the asian trading session today as they wrap up the week. li sixuan joins us for the first time today. >> thanks, ross. japan was a clear outperformer after shinzo abe unveiled his massive stimulus plan. and the nikkei gained 1.4% today. just to put it into context, this index is up for the ninth straight week, its longest winning streak since late 1988. shares of stocks surged to nearly 5% after the operator of clothing chain unicore...
151
151
Jan 14, 2013
01/13
by
CNBC
tv
eye 151
favorite 0
quote 0
and euro slshl dollar, 1.3385. we have been up to 1.34. the high not since march, but since february 2012. that is where we stand right now in europe. serb won has more for us from asia. >> asian markets mostly in the green today as the clear outperformer is china's shanghai composite jumping a stunning 3% today. the index hit a seven-month high on talking about increasing the quota. investors are filling up ahead of the 2012 gdp data due out later this week. if you'll recall, late last week, growth could come in at 7.7%, surpassing beijing's target of 7.7%. so financials and military stocks were the biggest winner necessary today's rally. strengthening mainland blue chips helped boost the sang second higher by .6%. the globals porter li & fug dropped today. the yen has softened to a 2 1/2 year low. elsewhe elsewhere, south korea's kospi add .5% today. australia's asx 200 finished marginally in the green and india's sensex just touched off gaining a strong 1.4%. back to you. >> all right. thanks for that, sish we know. have a good evening
and euro slshl dollar, 1.3385. we have been up to 1.34. the high not since march, but since february 2012. that is where we stand right now in europe. serb won has more for us from asia. >> asian markets mostly in the green today as the clear outperformer is china's shanghai composite jumping a stunning 3% today. the index hit a seven-month high on talking about increasing the quota. investors are filling up ahead of the 2012 gdp data due out later this week. if you'll recall, late last...
208
208
Jan 28, 2013
01/13
by
CNBC
tv
eye 208
favorite 0
quote 0
however euro skeptics warn seven are in recession. it's possible that germany falls into a recession as well. so they aren't out of the woods yet. don't get complacent about europe. did japan just start a currency war? announcing a full on assault on inflation. that's likely to weaken their currency and a lot. making it more difficult for the u.s. and europe to increase their exports. where does it end? what kind of unintended consequences could it bring? the third possible derailment, china. not the pace of their growth which has recovered. china worries more about political risk because the country has new leadership for the first time in ten years. and if the country is going to keep growing, they must do some very controversial reforms. that's going to lead to some kind of internal distress as investors try to hold on to power. and the final wild card, iran and its nuclear ambitions. there it's hard for the markets to measure what could happen. >> okay, michelle. thank you. a group of bipartisan senators meanwhile have agreed on a
however euro skeptics warn seven are in recession. it's possible that germany falls into a recession as well. so they aren't out of the woods yet. don't get complacent about europe. did japan just start a currency war? announcing a full on assault on inflation. that's likely to weaken their currency and a lot. making it more difficult for the u.s. and europe to increase their exports. where does it end? what kind of unintended consequences could it bring? the third possible derailment, china....
223
223
Jan 17, 2013
01/13
by
CNBC
tv
eye 223
favorite 0
quote 0
on the currency markets, euro/dollar, the euro has been up to 30-month highs against the swiss franc. trying to crawl back some gains. dollar/yen, 88.84. today the yen is a little weaker today on japanese reports minister's saying he was regretful his comments will be misinterpreted. aussie/dollar, 1.0517. we begin to focus on what's going on in rio. let's bring you up to speed with the rest of the news out of asia. li sixuan joins us for the first time out of singapore. >> thank you, ross. asian markets finished on a difficult note. the shanghai composite lost about 1% today, extending losses for the second day after krit swiss downgraded china life. the hang seng ending lower by a touch. no curbs were introduced by the executive yesterday. taiwan's taex is down over 1% led by technology shares. tsmc shares ended a touch higher before its results of announce wantme wantments. it posted a 32% jump meeting forecasts. but the company expects q1 revenue to fall due to seasonal factors. elsewhere, the nikkei is finished just a tap higher. sharp shares jumped over 7% on the back of tv join
on the currency markets, euro/dollar, the euro has been up to 30-month highs against the swiss franc. trying to crawl back some gains. dollar/yen, 88.84. today the yen is a little weaker today on japanese reports minister's saying he was regretful his comments will be misinterpreted. aussie/dollar, 1.0517. we begin to focus on what's going on in rio. let's bring you up to speed with the rest of the news out of asia. li sixuan joins us for the first time out of singapore. >> thank you,...
66
66
Jan 10, 2013
01/13
by
CNBC
tv
eye 66
favorite 0
quote 0
the euro crisis banks up about 4% today. you take a look at the ones, whether you want barclays or deutsche bank or ubs, when they were the poster child for all the bald stuff that was going on in spain and b.k. was right. i'm not saying he's wrong. that stock was upside down. you look at it now, it's up, what, 13% in the last month? and then you look at big banks like barclays, up 19% over the last quarter, up 33%, so, there's a big surge here, to answer your question that you posed about, are they going to outperform, they already have. >> i mean -- >> that's outperformance already. >> the ticker change, from std, just to -- >> san. >> made this a safer place to play. >> on so many levels. all right, shares of nokia exploding to the upside today after preannouncing better than expected fourth quarter sales. let's bring in jon fortt live in san jose with the breakdown on the story. jon, should we really get excited about nokia now? >> well, it's a sign they might not have that burning feeling anymore that you talked about i
the euro crisis banks up about 4% today. you take a look at the ones, whether you want barclays or deutsche bank or ubs, when they were the poster child for all the bald stuff that was going on in spain and b.k. was right. i'm not saying he's wrong. that stock was upside down. you look at it now, it's up, what, 13% in the last month? and then you look at big banks like barclays, up 19% over the last quarter, up 33%, so, there's a big surge here, to answer your question that you posed about, are...
143
143
Jan 29, 2013
01/13
by
CNBC
tv
eye 143
favorite 0
quote 0
euro/dollar, 11.3452. that's where we stand right now in european trade. no big directional movement. let's bring you up to speed with the asian session today. sixuan is with us out of singapore. >> hi, ross. a mixed day ahead of u.s. and china data and more corporate earnings. the shanghai composite gained 0.5%. brokerages fought for the second day as beijing may allow them to provide fund cuts to these services. but the hang seng finished just a touch below the line. look at hong kong listed stocks. it slipped 2% today after the $1 billion share fell down by goldman sachs which was placed at a 3% discount to yesterday's closing price. in japan, the nikkei gained 0.4%. nissan saw its shares move to the highest level in more than four years, 4 1/2 years, in fact. this after the automaker reached an agreement with daimler and ford to develop hydrogen powered cars. elsewhere, kospi snapped a four-day losing streak ending higher by 0.8%. samsung and hyundai rebounded strongly on bargain hunting. after the bell, posco reported a slump in its q4 profit so we'll
euro/dollar, 11.3452. that's where we stand right now in european trade. no big directional movement. let's bring you up to speed with the asian session today. sixuan is with us out of singapore. >> hi, ross. a mixed day ahead of u.s. and china data and more corporate earnings. the shanghai composite gained 0.5%. brokerages fought for the second day as beijing may allow them to provide fund cuts to these services. but the hang seng finished just a touch below the line. look at hong kong...
337
337
Jan 16, 2013
01/13
by
CNBC
tv
eye 337
favorite 0
quote 0
keep an eye on euro yen. that cross trade has a lot of excitement and there has been talk about currency trade wars. we have been talking about it a long time on the floors. >> there's supposed to be an announcement. i did get confirmation a small amount of gold would be moved. plans to bring gold home and bring 50% of gold reserves in frankfurt by 2020. 300 tons are going to leave new york, 374 tons from paris. >> why is that? >> i'm not quite clear why. >> german politics. >> is chthat what it is? >> they want to have it. they moved it out of germany because of the cold war, a threat the russians would take it. most of it is sitting in the new york fed in world war ii. most europeans moved it here during the war and moving it back. there's something tangible and viserable about having gold. >> the auditors called last october for an official suspicion of t inspections of the gold saying it has never been checked. >> that is trust to never check with the fed about your gold. >> have you ever been there? >> i
keep an eye on euro yen. that cross trade has a lot of excitement and there has been talk about currency trade wars. we have been talking about it a long time on the floors. >> there's supposed to be an announcement. i did get confirmation a small amount of gold would be moved. plans to bring gold home and bring 50% of gold reserves in frankfurt by 2020. 300 tons are going to leave new york, 374 tons from paris. >> why is that? >> i'm not quite clear why. >> german...
153
153
Jan 9, 2013
01/13
by
CNBC
tv
eye 153
favorite 0
quote 0
today we're seeing the euro/dollar give up .1% to 1. 1.3069. and the dollar/yen after reports out of japan saying there will be coordination between the bank of japan and fiscal authorities to try and get to the 2% inflation target. nothing too concrete. again, the proof will be in the poudre figure i can use a -- in the pudding if i can use a popular phrase this side of the bond. back to you. >> kelly services. i like that -- talent. talent, kelly. >> talent at work. >> talent at work. thanks. >>> coming up, the nation's biggest banks preparing to post quarterly results in the coming days. the inside line next. >>> first as we head to break, a look at yesterday's winners and losers. at 1:45, the a >>> that's hard. >> you stink. the wing and a fractured beak.o surgery was successful, but he will be in a cast until it is fully healed, possibly several months. so, if the duck isn't able to work, how will he pay for his living expenses? aflac. like his rent and car payments? aflac. what about gas and groceries? aflac. cell phone? aflac, but i doub
today we're seeing the euro/dollar give up .1% to 1. 1.3069. and the dollar/yen after reports out of japan saying there will be coordination between the bank of japan and fiscal authorities to try and get to the 2% inflation target. nothing too concrete. again, the proof will be in the poudre figure i can use a -- in the pudding if i can use a popular phrase this side of the bond. back to you. >> kelly services. i like that -- talent. talent, kelly. >> talent at work. >>...
193
193
Jan 18, 2013
01/13
by
CNBC
tv
eye 193
favorite 0
quote 0
whether it's euro/yen, dollar/yen. if you want to know why our stock market is doing well, look at this chart. a chart of one year of the nikkei and obviously something magical happened towards the end of last year. look how the stock market took off and connect the dots with the transcripts, ben bernanke's advice given a decade plus going to the japanese was definitely put in place, the liquidity programs, the quantitative easing, the monetizing and look what happened to their stock market, and if you also look at what happened to the jgb, briefly, they shot up in yield. it's moderated a bit. kyle bass is on today with david faber and everybody loves kyle bass. >> right. >> he talked about the first black swan with all the central banking activity probably turns out to be japan. we don't know when. i would fully agree and i think these two charts give you some clues that there is a possibility. >> andres, what do you think? is japan back? >> well, i think to a certain extent the unintended consequences is what we're a
whether it's euro/yen, dollar/yen. if you want to know why our stock market is doing well, look at this chart. a chart of one year of the nikkei and obviously something magical happened towards the end of last year. look how the stock market took off and connect the dots with the transcripts, ben bernanke's advice given a decade plus going to the japanese was definitely put in place, the liquidity programs, the quantitative easing, the monetizing and look what happened to their stock market,...
69
69
Jan 11, 2013
01/13
by
LINKTV
tv
eye 69
favorite 0
quote 0
in demand, the euro. if the governments in tokyo actively weaken the yen and, consequently, the euro grows more expensive, then german exporters have a problem. they will lose competitiveness to those outside of the eurozone and. if we take into account the strong trading days of the beginning of this year, the dax remains to the upside. >> we will stay for a closer look at friday's numbers. dax up a smidgen, 7715. eurostoxx50 2717. across the atlantic, the dow also trading pretty much flat at 13,478 and the euro up against the dollar trading at $1.3347. >> cuba is set to get rid of unpopular travel restriction that has been in place for the past five decades. there do to eliminate the permit known as the white card which cubans have needed in order to leave the country. >> restrictions will remain in place to avoid a brain drain. this is part of president reimold castro's attempts to gradually open up cuba -- raul castro's plan. how much of a difference will it mean for ordinary cubans? >> in some ways,
in demand, the euro. if the governments in tokyo actively weaken the yen and, consequently, the euro grows more expensive, then german exporters have a problem. they will lose competitiveness to those outside of the eurozone and. if we take into account the strong trading days of the beginning of this year, the dax remains to the upside. >> we will stay for a closer look at friday's numbers. dax up a smidgen, 7715. eurostoxx50 2717. across the atlantic, the dow also trading pretty much...
128
128
Jan 12, 2013
01/13
by
KCSM
tv
eye 128
favorite 0
quote 0
in demand, the euro. if the governments in tokyo actively weaken the yen and, consequently, the euro grows more expensive, then german exporters have a problem. they will lose competitiveness to those outside of the eurozone and. if we take into account the strong trading days of the beginning of this year, the dax remains to the upside. >> we will stay for a closer look at friday's numbers. dax up a smidgen, 7715. eurostoxx50 2717. across the atlantic, the dow also trading pretty much flat at 13,478 and the euro up against the dollar trading at $1.3347. >> cuba is set to get rid of unpopular travel restriction that has been in place for the past five decades. there do to eliminate the permit known as the white card which cubans have needed in order to leave the country. >> restrictions will remain in place to avoid a brain drain. this is part of president reimold castro's attempts to gradually open up cuba -- raul castro's plan. how much of a difference will it mean for ordinary cubans? >> in some ways,
in demand, the euro. if the governments in tokyo actively weaken the yen and, consequently, the euro grows more expensive, then german exporters have a problem. they will lose competitiveness to those outside of the eurozone and. if we take into account the strong trading days of the beginning of this year, the dax remains to the upside. >> we will stay for a closer look at friday's numbers. dax up a smidgen, 7715. eurostoxx50 2717. across the atlantic, the dow also trading pretty much...
242
242
Jan 11, 2013
01/13
by
CNBC
tv
eye 242
favorite 0
quote 1
let's go back to the euro, this time let's do the euro versus the dollar. we can see 7 1/2-month high on that trade. it's going to be very fascinating to continue to monitor the relationship between, as ira harris said yesterday, a bit of the exporters on the auto side in europe versus what's going on with the euro/yen to see what kind of impact or retaliation we see on the economic scene for the weakened currency helping the export market in japan. jim, back to you. >> thank you, rick. let's check out the latest in energy, metals. sharon epperson, nymex. >> oil prices pulling back, jim, but that's after reaching multi-month highs. we had the brent crude contract reach a three-month high yesterday. wti at a four-month high. a lot of this had to do in terms of the gains we saw yesterday with the report that the saudis have cut their oil production in december significantly. today's news is focusing on the spread between the two, which has come in significantly as right now around $17. of course, the energy department this week saying they believe it will ave
let's go back to the euro, this time let's do the euro versus the dollar. we can see 7 1/2-month high on that trade. it's going to be very fascinating to continue to monitor the relationship between, as ira harris said yesterday, a bit of the exporters on the auto side in europe versus what's going on with the euro/yen to see what kind of impact or retaliation we see on the economic scene for the weakened currency helping the export market in japan. jim, back to you. >> thank you, rick....
WHUT (Howard University Television)
100
100
Jan 28, 2013
01/13
by
WHUT
tv
eye 100
favorite 0
quote 0
we need firm rules for who can be in the euro and who can be out of the euro and what conditions they have to meet to make those transitions. and we need some sort of fiscal architecture to protect the euro against these enormous issuances of unsustainable debt. >> unfortunately, since that feels quite far away from where we're standing right now, we must contemplate the worst case scenario, which would be one country leaving the euro followed by several others. a complete collapse of confidence in the european project and the eurozone project, losing several banks, people on the streets, riots. (singing) (instrumental music) >> the u.s. treasury secretary tim geithner, concerned about the eurozone crisis, sought a meeting with the german finance minister wolfgang schauble on his holiday. in a statement, they said there was a need for global cooperation to resolve debt problems. >> as the european union's greatest ally and trading partner, what can the u.s. do to prevent a break up? >> well the eurozone is of course america's leading trade partner. and as a consequence, if the eurozon
we need firm rules for who can be in the euro and who can be out of the euro and what conditions they have to meet to make those transitions. and we need some sort of fiscal architecture to protect the euro against these enormous issuances of unsustainable debt. >> unfortunately, since that feels quite far away from where we're standing right now, we must contemplate the worst case scenario, which would be one country leaving the euro followed by several others. a complete collapse of...
150
150
Jan 21, 2013
01/13
by
LINKTV
tv
eye 150
favorite 0
quote 0
euro stocks similar gain finished at 2726. the euro basically steady at 133.16 against the dollar. well, while equities across europe were heading north, it was completely different from business travelers and tourists. they were not going anywhere at all. heavy snow has affected flights in europe. >> that is where our coverage starts. >> passengers in frankfurt got drinking water and chocolate bars to help them through the long wait. a 500 arrivals and departures were cancelled. the airport remains in the grip of the snowy, icy weather and many might not get out for another day. >> we have been stuck here since yesterday afternoon. first two hours on the plane. then the flight was cancelled bausts bad weather. >> more than a thousand employees spent monday freeing up the four main runways. now that planes can move again it is a matter of clearing the backlog of stranded planes as fast as possible so that there is space for new arrivals to land. >> we are hoping for a let up in the snowfall as monday progresses so that we can better deal with the air traffic and normalize the situa
euro stocks similar gain finished at 2726. the euro basically steady at 133.16 against the dollar. well, while equities across europe were heading north, it was completely different from business travelers and tourists. they were not going anywhere at all. heavy snow has affected flights in europe. >> that is where our coverage starts. >> passengers in frankfurt got drinking water and chocolate bars to help them through the long wait. a 500 arrivals and departures were cancelled....
132
132
Jan 18, 2013
01/13
by
CNBC
tv
eye 132
favorite 0
quote 0
. >> i like the australian dollar, euro/aussie is going higher. >> andy bush. >> divergence is happening in the technicals. a good time to be trading around these currencies. >> buy aussie on a pullback. >> kathy? >> dollar/yen headed for a stronger dip above 90. >> that's it for us here at "money in motion," your next chance to make a currency trade is sunday afternoon. we will see you back here next friday at 5:30 p.m. eastern time on cnbc. have a great long weekend. "mad money's" up next. >>> i'm jim cramer, and welcome to my world. you need to get in the game. going out of business and he's nuts, they're nuts! they know nothing! i always like to say there's a bull market somewhere, and i promise -- "mad money," you can't afford to miss it. hey, i'm cramer. welcome to "mad money," welcome to cramerica. other people want to make friends, i just want to try to save you some money. my job is not just to entertain you but to educate you so call me at 1-800-743-cnbc. we had that sweet combination of good earnings from companies like general electric, morgan stanley, schlumberger coupled wi
. >> i like the australian dollar, euro/aussie is going higher. >> andy bush. >> divergence is happening in the technicals. a good time to be trading around these currencies. >> buy aussie on a pullback. >> kathy? >> dollar/yen headed for a stronger dip above 90. >> that's it for us here at "money in motion," your next chance to make a currency trade is sunday afternoon. we will see you back here next friday at 5:30 p.m. eastern time on cnbc....
261
261
Jan 7, 2013
01/13
by
LINKTV
tv
eye 261
favorite 0
quote 0
over one billion euros more could be needed for the project. it was one disaster to many for klaus wowereit. after a crisis meeting, the mayor of berlin resigned from his post. he has come to represent the continued failure of a project which has been delayed yet again. wowereit not give any information about when the airport will finally be open for business. >> a new deadline cannot be given at the moment, as we have made clear. it will be considered by the supervisory board. work on that will be continued as before, but further steps need to be taken before a new deadline can be given. >> the board has reportedly known about the delay for weeks. wowereit's opponents are not happy about that. some say it is time for him to go. >> at this point, it must be said that klaus wowereit is no longer fit for the job, especially if it is true that he left the public in the dark for weeks, leading as a -- leaving us a disaster that will cost hundreds of billions of euros or more. >> beyond 2014, there is little indication when the new hub might open it
over one billion euros more could be needed for the project. it was one disaster to many for klaus wowereit. after a crisis meeting, the mayor of berlin resigned from his post. he has come to represent the continued failure of a project which has been delayed yet again. wowereit not give any information about when the airport will finally be open for business. >> a new deadline cannot be given at the moment, as we have made clear. it will be considered by the supervisory board. work on...
148
148
Jan 22, 2013
01/13
by
KCSM
tv
eye 148
favorite 0
quote 0
euro stocks similar gain finished at 2726. the euro basically steady at 133.16 against the dollar. well, while equities across europe were heading north, it was completely different from business travelers and tourists. they were not going anywhere at all. heavy snow has affected flights in europe. >> that is where our coverage starts. >> passengers in frankfurt got drinking water and chocolate bars to help them through the long wait. a 500 arrivals and departures were cancelled. the airport remains in the grip of the snowy, icy weather and many might not get out for another day. >> we have been stuck here since yesterday afternoon. first two hours on the plane. then the flight was cancelled bausts bad weather. >> more than a thousand employees spent monday freeing up the four main runways. now that planes can move again it is a matter of clearing the backlog of stranded planes as fast as possible so that there is space for new arrivals to land. >> we are hoping for a let up in the snowfall as monday progresses so that we can better deal with the air traffic and normalize the situa
euro stocks similar gain finished at 2726. the euro basically steady at 133.16 against the dollar. well, while equities across europe were heading north, it was completely different from business travelers and tourists. they were not going anywhere at all. heavy snow has affected flights in europe. >> that is where our coverage starts. >> passengers in frankfurt got drinking water and chocolate bars to help them through the long wait. a 500 arrivals and departures were cancelled....
72
72
Jan 4, 2013
01/13
by
CNBC
tv
eye 72
favorite 0
quote 0
so the worst, in my opinion, is over for the euro. the euro has come down quite a bit over the last couple of days. but i think that here around 1:30, we are seeing value point in the euro. this year we will probably see a little bit of recovery in the global economy. so i think by the end of this year we will see the euro dollar between the 133 to 135 region. that's yi think that current levels kind of get long euros. >> you think the fed is not as serious about slowing down qe3s might have been suggested yesterday. >> i think they are having the discussions. i want it rule out the possibility of them ruling out qe3. if that happens, it won't be until we see a stronger u.s. recovery. at that point, i think you will see improvements in the eurozone which will help the euro. so at the enend of the day, i think the federal may have qe2, but it may come a at time when it is more after risk on move that drives euros rather than u.s. policy. >> thank you as wuls for joininging us on cnbc, kathy lien. at scottrade, you won't just find us on
so the worst, in my opinion, is over for the euro. the euro has come down quite a bit over the last couple of days. but i think that here around 1:30, we are seeing value point in the euro. this year we will probably see a little bit of recovery in the global economy. so i think by the end of this year we will see the euro dollar between the 133 to 135 region. that's yi think that current levels kind of get long euros. >> you think the fed is not as serious about slowing down qe3s might...
163
163
Jan 8, 2013
01/13
by
KCSM
tv
eye 163
favorite 0
quote 0
over one billion euros more could be needed for the project. it was one disaster to many for klaus wowereit. after a crisis meeting, the mayor of berlin resigned from his post. he has come to represent the continued failure of a project which has been delayed yet again. wowereit not give any information about when the airport will finally be open for business. >> a new deadline cannot be given at the moment, as we have made clear. it will be considered by the supervisory board. work on that will be continued as before, but further steps need to be taken before a new deadline can be given. >> the board has reportedly known about the delay for weeks. wowereit's opponents are not happy about that. some say it is time for him to go. >> at this point, it must be said that klaus wowereit is no longer fit for the job, especially if it is true that he left the public in the dark for weeks, leading as a -- leaving us a disaster that will cost hundreds of billions of euros or more. >> beyond 2014, there is little indication when the new hub might open it
over one billion euros more could be needed for the project. it was one disaster to many for klaus wowereit. after a crisis meeting, the mayor of berlin resigned from his post. he has come to represent the continued failure of a project which has been delayed yet again. wowereit not give any information about when the airport will finally be open for business. >> a new deadline cannot be given at the moment, as we have made clear. it will be considered by the supervisory board. work on...
20
20
tv
eye 20
favorite 0
quote 0
that's interesting let's talk more about that how do you see attempts to save the euro folding out so many people have been saying this is the beginning of the end of the euro when are we going to see the end well you're right in the netherlands where i am active as a writer i've called for a referendum to be organized what we see is that there's a political elite in all of europe determined to see this through to the bitter end all major political parties support the idea of the euro whereas it's becoming more and more clear that it's not working very well so what we really need is a plan b. a backup scenario and an organized dismantlement but let's look specifically at france in terms of the euro and a possible collapse what would it mean for france's economy. well. they're basically two scenarios of dismantlement of the euro the first is disorderly doing this mentum and that would be very problematic and the other option is an orderly dismantlement and this doesn't look that bad ever been produced through reports by a prominent economists not so long ago by the wolfson prices being
that's interesting let's talk more about that how do you see attempts to save the euro folding out so many people have been saying this is the beginning of the end of the euro when are we going to see the end well you're right in the netherlands where i am active as a writer i've called for a referendum to be organized what we see is that there's a political elite in all of europe determined to see this through to the bitter end all major political parties support the idea of the euro whereas...
119
119
Jan 2, 2013
01/13
by
KCSMMHZ
tv
eye 119
favorite 0
quote 0
check out the euro stoxx 50. the dow jones is lapping up the attention. the euro is trading down at the moment. >> now to other news, portuguese -- the president of portugal has asked the country's constitutional court to review the government's disputed budget for this year. he said he was concerned about whether it fairly distributes the burdens of portugal's economic reforms. it includes tax increases and welfare cuts. he signed the budget, despite opposition. he said that was to avoid harming the country's economy. >> the economic exports and the chancellor have warned about of times ahead. when you look at the nation's unemployment, the picture looks pretty good. >> 2012 ended with more people working than ever before, and that after six years of consecutive games. >> the number of people in worked in germany is higher than ever, despite soaring unemployment in many other european countries. new figures show a stable german job market. the number of employed has been rising steadily. in 2012, 41.5 million people were employed. there are signs that th
check out the euro stoxx 50. the dow jones is lapping up the attention. the euro is trading down at the moment. >> now to other news, portuguese -- the president of portugal has asked the country's constitutional court to review the government's disputed budget for this year. he said he was concerned about whether it fairly distributes the burdens of portugal's economic reforms. it includes tax increases and welfare cuts. he signed the budget, despite opposition. he said that was to avoid...
162
162
Jan 17, 2013
01/13
by
CNBC
tv
eye 162
favorite 0
quote 0
if you look at the euro versus the dollars, wow, euro is screaming today. you look at the euro/yen, that's screaming as well. the dollar/yen is screaming as well. so the dynamic of the yen continuing to be under pressure. will this be a huge move? many think, if you talk to some of the japanese officials, they're say it's just getting back to a reality after the end was pretty much decimated about a year ago with respect to too strong relative to the other currencies. no matter how you slice it, all that meats is where we are now and where we're going in the future. >> thank you we'll find out the latest movements in energy. sharon, take it over. >> it's all about algeria. a lot of traders are paying attention to the ongoing hostage situation at the gas field where islamist militants had attacked that facility and still holding some folks hostage there. we have learned from the algerian news agency that about 45 hostages, including some americans had escaped the complex, but still bp is confirming that the situation remains unresolved. it tellses it has con
if you look at the euro versus the dollars, wow, euro is screaming today. you look at the euro/yen, that's screaming as well. the dollar/yen is screaming as well. so the dynamic of the yen continuing to be under pressure. will this be a huge move? many think, if you talk to some of the japanese officials, they're say it's just getting back to a reality after the end was pretty much decimated about a year ago with respect to too strong relative to the other currencies. no matter how you slice...
25
25
tv
eye 25
favorite 0
quote 0
you can see just there against the euro and indeed the u.s. dollar up. moving on those are the markets we will crack on gas problem will pile further costs into the south stream project by expanding its partners to take gas to south eastern europe bypassing transit countries ukraine and belarus and russia's gas giant nearly seventeen billion dollars which makes the projected toto a staggering thirty eight point four billion dollars the pipeline is already thought to be an unnecessary expense by some analysts who questioned whether south stream is needed given the flagging demand for russian gas in the most lucrative market which of course is europe now russia's response is that the south stream is needed in order to diversify supply routes to the european union all of the disputes we've ukraine led to cut off for part of europe back in two thousand and six and two thousand and nine which was a major blow for both parties considering russia supplies around a quarter of europe's gas me. moving on cyprus is counting on european union leaders to allow russia
you can see just there against the euro and indeed the u.s. dollar up. moving on those are the markets we will crack on gas problem will pile further costs into the south stream project by expanding its partners to take gas to south eastern europe bypassing transit countries ukraine and belarus and russia's gas giant nearly seventeen billion dollars which makes the projected toto a staggering thirty eight point four billion dollars the pipeline is already thought to be an unnecessary expense by...
133
133
Jan 25, 2013
01/13
by
KCSM
tv
eye 133
favorite 0
quote 0
euro stoxx 50 also higher. the dow jones industrial average also continuing the positive trend. the euro-dollar also trending positive, trading for $1.3370. >> a lot of optimism, despite all the optimism that seems to be brewing in davos in switzerland. it is a different story in spain, though. things just keep getting worse. unemployment is at its highest level ever recorded. 26% of the work force were registered as out of work in the last quarter of 2012. that's nearly 6 million people. >> the eurozone [applause] fourth largest economy is stuck in recession. the conservative government has pushed ahead with a tough austerity program to lower the country's deficit. critics say those spending cuts are directly to blame for the rise in unemployment. but there's a bit of bright news in the eurozone -- portugal has made an early debut back on the financial market, successfully raising 2.5 billion euros in a debt auction this week. >> the government had to pay only 4.9% in interest, signaling investors are more confident about the country's finances. portugal was forced to accept an
euro stoxx 50 also higher. the dow jones industrial average also continuing the positive trend. the euro-dollar also trending positive, trading for $1.3370. >> a lot of optimism, despite all the optimism that seems to be brewing in davos in switzerland. it is a different story in spain, though. things just keep getting worse. unemployment is at its highest level ever recorded. 26% of the work force were registered as out of work in the last quarter of 2012. that's nearly 6 million people....
365
365
Jan 10, 2013
01/13
by
CNBC
tv
eye 365
favorite 0
quote 0
so that auction going well, spanish yields coming into euro. if i can give you a sense of what's happening in other markets, the euro is higher. european equities for the most part as you're looking there are mixed to flat. but here is a look at what's been grabbing our attention. up .3% to 1.31. that i just want to bring your attention to. the all of points down there, you're looking at the dollar/yen. that's the other major story that we continue to follow. 88 was the level breached in trade today as the yen continues to weaken by the dollar by .is 3%. we'll wait to see if we hear anything more specific. if the central banks were to cut rates, it would be a major surprise to the markets now. but if anything, this business strength that we see will be continued if the ecb doesn't deliver anything, gives us more of the same. that decision is due out shortly. we'll keep an eye out for it. bank of england is expected to keep rates roughly unchanged. back to you. >> kelly, thank you. it sounds like we have a lot more to come from europe. we will w
so that auction going well, spanish yields coming into euro. if i can give you a sense of what's happening in other markets, the euro is higher. european equities for the most part as you're looking there are mixed to flat. but here is a look at what's been grabbing our attention. up .3% to 1.31. that i just want to bring your attention to. the all of points down there, you're looking at the dollar/yen. that's the other major story that we continue to follow. 88 was the level breached in trade...
22
22
tv
eye 22
favorite 0
quote 0
skeptics fear that david cameron won't go far enough with his demands while euro kratz say he's gone too far already there's reports he risks upsetting everybody. when the prime minister first became leader of the conservative party he said the biggest problem was that they spent far too much of their time banging on about europe i see glad those days are over i. think countdowns as the prime minister prepares to deliver a landmark speech on europe but with warring factions in his own policy growing euro skeptic sentiment in the u.k. and his increasingly unimpressed european counterparts to pay and the pressure result is the struggling right now on this issue up till now i think he has he hasn't given us a clear message a clear point on the e.u. and the u.k.'s relationship with it i think has been for a number of factors whether it be the world economy whether be the economy or whether it be his own backbenchers so widely expected that the prime minister will pledge a major european treaty with vision included in that would be a clawing back of how it's the british in key areas. that
skeptics fear that david cameron won't go far enough with his demands while euro kratz say he's gone too far already there's reports he risks upsetting everybody. when the prime minister first became leader of the conservative party he said the biggest problem was that they spent far too much of their time banging on about europe i see glad those days are over i. think countdowns as the prime minister prepares to deliver a landmark speech on europe but with warring factions in his own policy...
25
25
tv
eye 25
favorite 0
quote 0
commitment of the germans the french the italians and the spaniards the core nations to keeping the euro together and the central bankers said well they say you know the germans do not like paying for quite a bit of the greek and pop probably the spanish that they will do it they have committed to it and the european nations have even though they have been protest anger they have committed to staying within the european construction because they don't see how europe can go back to being a series of atomized nations so it's really a question of an economic decision that also is a political decision i think there will be it will be difficult to get european nations to move towards fiscal unity it makes sense because if you can play the budget too when country against another you will have speculation different landing rates everywhere but i think the reason why you haven't heard about the euro zone conflict these past weeks is that it is actually doing better and if you look at the stock exchanges in the various european countries euro zone countries you can see that they're shooting right
commitment of the germans the french the italians and the spaniards the core nations to keeping the euro together and the central bankers said well they say you know the germans do not like paying for quite a bit of the greek and pop probably the spanish that they will do it they have committed to it and the european nations have even though they have been protest anger they have committed to staying within the european construction because they don't see how europe can go back to being a...
256
256
Jan 8, 2013
01/13
by
CNBC
tv
eye 256
favorite 0
quote 0
dollar is the worst currency outside the euro. but i happen to also own gold i don't think it will go up right away and maybe we still have a correction of another 10% or so on the downside. i just think that government will print money and that there will be competitive devaluation, and so i want to have gold as an insurance. >> wow. but, am i right to read on that that you deem the u.s. dollar as the, you know, the best place to be in terms of currencies? you don't think -- >> i suppose. i mean, i also own singapore dollars, the singapore dollar is probably very good currency to own, down through my exposure to use the currency. but, i don't think that the euro is now a very desirable currency to own. and do we have a lot of problems as senator ron johnson explained just now, in the u.s., but we have the same problems, or even more in europe. so in the beauty contest of the ugliest currencies, the u.s. dollar is not winning. it's okay. and i think i'd rather be in dollars at the present time, than say euros. >> marc, that's fasc
dollar is the worst currency outside the euro. but i happen to also own gold i don't think it will go up right away and maybe we still have a correction of another 10% or so on the downside. i just think that government will print money and that there will be competitive devaluation, and so i want to have gold as an insurance. >> wow. but, am i right to read on that that you deem the u.s. dollar as the, you know, the best place to be in terms of currencies? you don't think -- >> i...
122
122
Jan 15, 2013
01/13
by
KCSMMHZ
tv
eye 122
favorite 0
quote 0
dollar -- the euro is also significantly down. and at air berlin is to cut 900 jobs in the next two years. that is one in 10 of its workers, but it has not said which jobs will be going. >> berlin has been making a loss for years, and the job cuts are part of a plan to save 400 million euros. berlin says it wants to focus on its most profitable routes in germany, switzerland, and austria. during the cold war, germany's bundesbank took a bet by soaring gold reserves around the world and left in there after the collapse of communism. >> last year, official auditors point out that official stockpiles abroad have never actually been counted. >> plans are afoot to bring the bars back home, or at least some of them. >> at least he knows what he has in his hands -- his golden globe is nothing more than a thin layer of 24 karat gold covering up something much less precious, and there is no doubt about the quality of the gold in the bundesbanks either. experts inspect and count it every year. these do not have a chance. but this kind of ch
dollar -- the euro is also significantly down. and at air berlin is to cut 900 jobs in the next two years. that is one in 10 of its workers, but it has not said which jobs will be going. >> berlin has been making a loss for years, and the job cuts are part of a plan to save 400 million euros. berlin says it wants to focus on its most profitable routes in germany, switzerland, and austria. during the cold war, germany's bundesbank took a bet by soaring gold reserves around the world and...
274
274
Jan 15, 2013
01/13
by
CNBC
tv
eye 274
favorite 0
quote 0
the dollar right now is up against the euro. again, another gain which is 1.3348. this morning, it's down against the yen. and gold prices this morning are up by about $11, $1680.70 an ounce. >>> and it's time now for the global markets report. kelly evans is standing by in london. and it's more poofy hair today. you didn't walk through the fog on the way to work, right? oh, it's a wig, it says. it says it's a wig behind you where it says minus .44% right now. >> or, does it? yes, that's right. there are signals coming through this every day just to see if people are paying attention. >> so weird. wig. >> yes. the polish board here is in the red, joe. it is not a wig it takes that on from time to time. we have seen a mixed picture. we have seen a weaker picture as the trading session has gotten under way. i want to point out the xetra dax is down .1%. our underperformer along with the peripheries is down about .3%, as well. after german gdp figures, europe's strongest, biggest economy came in surprisingly weak fourlt fort quarter. that's about a 2% annualized pace.
the dollar right now is up against the euro. again, another gain which is 1.3348. this morning, it's down against the yen. and gold prices this morning are up by about $11, $1680.70 an ounce. >>> and it's time now for the global markets report. kelly evans is standing by in london. and it's more poofy hair today. you didn't walk through the fog on the way to work, right? oh, it's a wig, it says. it says it's a wig behind you where it says minus .44% right now. >> or, does it?...
26
26
tv
eye 26
favorite 0
quote 0
protests to deliver a landmark speech on europe but with warring factions in his own policy growing euro skeptic sentiment in the u.k. and his increasingly unimpressed european counterparts to appease and the pressure is on if he's struggling right now on this issue up till now i think he has he hasn't given a clear message a clear point on the e.u. and the u.k.'s relationship with it i think has been for a number of factors whether it be the world economy whether be the economy or whether it be his own backbenchers so widely expected that the prime minister will pledge a major european treaty with vision included in that would be a clawing back powers to britain in key areas they need terms of british membership in the e.u. would then be put to the country's citizens in a referendum after the next general election he really painted himself into a corner where he's got to have a referendum after an election and he will try a skillful politician if he is to paper over the cracks to give a bit of them to them and say that we now are looking for europe to make a response to our proper reque
protests to deliver a landmark speech on europe but with warring factions in his own policy growing euro skeptic sentiment in the u.k. and his increasingly unimpressed european counterparts to appease and the pressure is on if he's struggling right now on this issue up till now i think he has he hasn't given a clear message a clear point on the e.u. and the u.k.'s relationship with it i think has been for a number of factors whether it be the world economy whether be the economy or whether it...
20
20
tv
eye 20
favorite 0
quote 0
there's a special case which is why the country secured this deal on its crippling sixty four billion euro bank debt it's going to be able to retain the status of coming expect to see it eventually fall apart of countries like greece though what do you think's ahead well i think there's a lot of propaganda thrown in that position within ireland at the moment and how it is doing and i think that's basically it all took trying to keep a very disgruntled public happy because i think a lot of people are aware now that there is the army people on the street that are paying the car out of billing out german and british banks and the army people are footing the bill and so i think there's quite a lot of discontent and i think that the objective of the e.u. propaganda machine is to ensure that people really don't the pastor very basic just sad that has been part of this whole issue of how the e.u. is actually forcing ireland to. it for reckless lending by german and other european banks but what is the solution i'm well i thought were a lot of us feel very much that it's on the taxpayer who had no
there's a special case which is why the country secured this deal on its crippling sixty four billion euro bank debt it's going to be able to retain the status of coming expect to see it eventually fall apart of countries like greece though what do you think's ahead well i think there's a lot of propaganda thrown in that position within ireland at the moment and how it is doing and i think that's basically it all took trying to keep a very disgruntled public happy because i think a lot of...